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On-chain data has just captured a major move—traders opened leveraged long positions 2 hours ago. This time, they used 10x leverage, betting on two different cryptocurrencies.
The position on FARTCOIN is the most eye-catching, with a direct input of 19.75 million coins, which amounts to $7.76 million. PUMP also didn't hold back, stacking a position of 2 billion coins, worth $4.77 million.
Combined, these two cryptocurrencies represent a total nominal value of approximately $12.53 million invested by this trader. Playing such a move with 10x leverage means that even slight market reversals could trigger liquidation risks—of course, if the trader bets correctly, the profits will be amplified by leverage. These positions are still active, and market trends are worth watching closely.